Published on 19 Sep 2022 on Insider Monkey via Yahoo Finance

10 Best Stocks to Buy According to Ron Mass’ Almitas Capital

In this article, we present the list of top 10 stock picks of Ron Mass’ Almitas Capital at the end of the second quarter. If you want to skip the fund’s history, recent performance and details about its overall portfolio, please go directly to 5 Best Stocks to Buy According to Ron Mass’ Almitas Capital.

The hedge fund industry comprises many players who are usually differentiated based on strategies they deploy to deliver superior returns to their investors while keeping risks under control. Some funds are classified as multi strategies meaning they employ multiple strategies across asset classes to diversify their portfolios. In contrast, others focus on just one strategy – value, growth, activism, macro and others – with the aim of being the best in that category. Santa Monica, California-based Almitas Capital, is one such fund.

Founded in 2012 by Ronald “Ron” Mass, Almitas Capital manages investment portfolios utilizing primarily closed-end funds, mortgage REITs, and value equity strategies. The fund employs fundamental and statistical analysis to identify debt and equity securities trading at discounts to intrinsic value with catalysts that can help bridge that gap. Prior to founding Almitas, Mr. Mass was a senior portfolio manager at Western Asset Management for over 20 years. At Western Asset Management, Mr. Mass headed the asset-backed securities (ABS) and mortgage-backed securities (MBS) portfolio management teams. He graduated from the University of California, Los Angeles, with a bachelor’s degree in economics and business. Before joining Western Asset Management, he was a research associate at Credit Suisse First Boston, which he joined right after college. He is also a CFA Charterholder and a member of the CFA Institute.